What Do You Do During an Eclipse? Sell Solar Stocks, Of Course!

It's solar eclipse day, and it's not just the sun that's being blocked out. Solar stocks are slipping today, and with no news out there on the sector could it be the eclipse that's bringing them down?

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First Solar (FSLR), for instance, has fallen 4% to $46.12 at 3:23 p.m. today, while SunPower (SPWR) has tumbled 4.6% to $8.82, and Canadian Solar (CSIQ) has tumbled 8.5% to $15.21. The Guggenheim Solar ETF (TAN) has declined 2.5% to $21.09.

Is this simply another example of how markets just aren't that efficient? Or does the market know something we don't know?

Or should we just talk it up to the fact that oil dropped 2.4% today, making solar less competitive? Ah, the power of coincidence.

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What Do You Do During an Eclipse? Sell Solar Stocks, Of Course!

It's solar eclipse day, and it's not just the sun that's being blocked out.

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